Loan amount: Up to €13,500 depending on the financial incentive category.

Interest rate: 6.50% fixed interest rate, 100% subsidized (plus levy under Law 128/75*).

Loan term 4, 5, or 6 years.

Option of advance payment: 70% of the loan amount.

without mortgage prenotation.

Coverage of loan file management fees for the prospective beneficiaries of the program (zero cost for the customer).

Exclusively for the Beneficiaries of income category 1 entering into a loan agreement, the borrower can get a State guarantee to secure the loan with the financial organizations participating in the program. The State guarantee will cover 100% of the loan for owner-occupied residency and 80% for rent/free concession.

* The levy under Law 128/75*, which amounts to 0.12%, is incurred by the Beneficiary.

Loan amount: Up to €7,000

Interest rate: 50% of the concluded loan for the needs of the Program is financed by the Public Employment Service (DYPA) and is interest-free, while the interest rate for the remaining 50% is fixed at 8.00%, which means a fixed rate of 4% for the customer, plus the levy of Law 128/75*.

Loan term 4, 5, or 6 years

Option of advance payment: 70% of the loan amount without mortgage prenotation

Coverage of loan file management fees for the prospective beneficiaries of the program (zero cost for the customer).

*The levy under Law 128/75*, which amounts to 0.12% is incurred by the Beneficiary (for 50% of the loan amount granted by the Bank).

A residential property, to be considered eligible, must be a detached house or an independent apartment that meets the following criteria:

• Exists legally
• It has not been deemed subject to demolition
• It is used as the main residence of the beneficiary
• It has been classified, as per the First Energy Efficiency Certificate, in an energy efficiency category lower than or equal to C.

• Replacement of window frames
• Ιnstallation of thermal insulation on the building shell (roofing, external masonry and on the property’s load-bearing structure, on the floor above an open ground floor are (pilotis) or other non-heated space)
• Heating/cooling system upgrade
• Hot water system using Renewable Energy Sources (RES)
• Other energy saving interventions: installation of smart home systems  

Those eligible to apply for the program are natural persons born between 01/01/1984 and 31/12/2005 who have a full, usufruct, or bare ownership right over an eligible residence. On the basis of their income they are classified in the following income categories for which maximum subsidy rates are set as follows:

The maximum eligible intervention budget cannot exceed the amount of €22,500.

Other eligible expenses will be covered by 100% (up to €2,500).

Loan applications are submitted only online and exclusively through the program’s official web portal https://exoikonomoneon.gov.gr , via which the interested party also receives the necessary pre-contractual information. 

More information on the program is available on the program’s official web portal and in the Program guide.